Sluggish Gross Margin Growth
First written in FY2018-Q2. 1 of 3 entries say "Worsened", first in FY2018-Q3. Latest entry: FY2018.
Tenmaya Store moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 6 of 12 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「In addition to working to improve our earnings capacity by improving the gross profit margin and reducing and streamlining selling, general and administrative expenses, we will address labor shortages, develop human resources and invigorate the organization.」
Improving the gross profit margin and streamlining selling, general and administrative expenses remain priorities for improving earnings capacity. No specific numerical targets or results for the improvements have been provided. - FY2018-Q3WorsenedAnnual report
「Operating income was ¥1.835 billion, down 7.5% year on year, partly due to the stagnant gross profit margin and an increase in selling, general and administrative expenses.」
In addition to the stagnant gross profit margin, increased selling, general and administrative expenses were identified as factors behind the decline in operating income, indicating broader pressure on profitability. - FY2018-Q2First statedAnnual report
「Operating income was ¥1.210 billion, down 9.7% year on year, partly due to the stagnant gross profit margin.」
The stagnant gross profit margin was identified for the first time as a factor behind the decline in operating income.